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Results (10,000+)
Tim Goddard How to find future development?
24 June 2024 | 4 replies
You can filter by type, size, location, and development stage to pinpoint areas with upcoming projects.News and Research: CoStar offers a news section with articles on recent and upcoming developments.
Tim J. Options for 6 unit refi?
24 June 2024 | 11 replies
Hi Tim,This week, we executed a term sheet for a client for a similarly sized asset in RI at 70% LTV, 30 Year Fixed @ 7.625%.It is possible to get a lower rate if you're okay with more thorough underwriting.
Andrew Jennings Freerks Forming a real estate investment fund
23 June 2024 | 7 replies
Although you are not talking a Syndication, I would seek out Syndications in the type and size of REI you're interested and go through the investment process with them to see their setup. 
Brian Bradley Asset Protection for Real Estate Investors
23 June 2024 | 105 replies
Asset Protection is NOT a one size fits all strategy, but is specific for each person per their current assets, worth, goals, and what they invest in. 
AJ Wong How to finance multifamily 5-8 units without income: Common terms and guidelines
24 June 2024 | 4 replies
And the majority of commercial lenders have rates in the 6s or 7s right now for most real world scenarios, and being overly worried or concerned about if it's 5 units or 500 units is absurd, both the rents and the loan size will automatically scale up and down accordingly (if anything, the larger unit counts scale better, so limiting someone to X units makes zero sense).
Giles D. Syndication deals gone sour and the GP is now radio silent! What can I do?
28 June 2024 | 100 replies
>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.
Daniel Ben-Hur Buying a home every 2 years, renting the previous home out, and repeating, good idea?
26 June 2024 | 32 replies
Some of these exceptions have been unsafe environment (article from borrower with shooting nearby, larger family size and need for more space from unexpected pregnancy, job relocation, and other.So every 2 years is fine however dont let that 2 year figure hold you up because there is general guidelines then there is whats "really," happening out there with loan underwriters and what they'll actually approve.
Ashni Modi Out of state investing for Californians
24 June 2024 | 58 replies
Hi Ashni, you'll be able to get something in the $400,000-$450,000 range with that size of a downpayment.
Marty Rogachefsky Prepping a House for Section 8
25 June 2024 | 18 replies
In addition there are a wide range of grants HUD supports in most cities to improve a property to rent to low income people.Perhaps the best decission in looking at section 8 and low income rentales are the larger assets of using the contract incentives and special financing programs that only exist to those who provide services and employ your tenant that you could benefit from.
John Wallace Current DSCR rates? Who's got the best program?
24 June 2024 | 8 replies
If you have ever been confused as to why a big decrease or increase in CPI didn’t seem to move things, this is probably why.Jobs reportAnother key monthly economic data release from the BLS that can greatly affect interest rates is the jobs report, which estimates how many overall jobs (nonfarm payroll employment) were added or subtracted in the prior month, as well as a calculation of the unemployment rate.In 2024, this report may have overtaken CPI as the biggest market mover, as many financial experts expect the Fed to potentially cut rates if large job losses occur and the unemployment rate spikes, even if inflation had not yet returned to the 2% target.These reports are typically released on Friday mornings, also at 8:30 a.m.